Art Gallery Seeking Loan in Mumbai, India
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | General Partnership |
Reported Sales | USD 240 thousand |
Run Rate Sales | USD 130 thousand |
EBITDA Margin | 12 % |
Industries | Art Galleries + 1 more |
Locations | Mumbai |
Local Time | 1:06 AM Asia / Kolkata |
Listed By | Management Member |
Status | Active |
- Mumbai-based company specializing in connecting avid buyers and available opportunities in the auction market.
- Completed 18 auction collaborations with auctioneers worldwide.
- Done over 900 global auction participation to date.
- Promoters have a cumulative experience of 13.5 years.
- Active participant in the auction industry for the last 10 years.
- Capital raised as of 31st March 2022 stands at INR 14 crore. We have serviced INR 5.25 crore and our current capital stands at INR 8.75 crore.
- Technologically backed process of procurement and sale of auction-worthy items.
- We are in the process of accumulating new assets for auction. As a result, our revenue has dropped. Need funds for the same reason.
- We generate revenue by selling auction-worthy items to customers for a profit and facilitating auction services through collaborations.
- Business has no loans or liabilities.
- Company has 2 partners with equal shares.
- Auctions of rare coins, sports memorabilia, currency notes, and intellectual property.
- Purchase and sales of limited edition auction-worthy instruments.
- Sports memorabilia is worth INR 2.25 crore approximately.
- Numismatics is worth INR 1.80 crore approximately.
- Miscellaneous auction worthy instruments and intellectual properties worth INR 45 lakhs approximately.
1,250 square feet fully furnished rented office headquartered in Thane.
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Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
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Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business